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INDUSTRIAL BUILDING IN FIFE, WASH. SOLD FOR $6.85 MILLION

FOR IMMEDIATE RELEASE

Fife, Wash. (June 23, 2022) – Coldwell Banker Commercial represented the seller in the sale of a multi-tenant industrial building located at 1410 46th Ave. E. in Fife, Wash. in a transaction valued at $6.85 million.

Bob Fredrickson, CCIM, president of Coldwell Banker Commercial Danforth, and Vladimir Olyanich, also with Coldwell Banker Commercial Danforth, represented the seller in the transaction.

The building, built in 1978, measures just under 38,000 square feet and is situated on 2.34 acres of land near the Port of Tacoma and Interstate 5, Pacific Highway South and State Route 509.

“This is an example of how much the Port of Tacoma Industrial market has appreciated.  The seller was able to maximize the price on their asset, and we were able to structure the transaction so that the seller had ample time to locate an exchange property,” said Fredrickson.  

About Coldwell Banker Commercial Affiliates

Coldwell Banker Commercial Danforth is the local affiliate of Coldwell Banker Commercial® and provides commercial real estate solutions serving the needs of owners and occupiers in the leasing, acquisition, and disposition of all property types. Since 1906, the Coldwell Banker Commercial brand has been a premier provider of real estate, recognized globally as a company that puts the client first while delivering individual, distinctly different service. With a collaborative network of independently owned and operated affiliates, the Coldwell Banker Commercial organization comprises almost 200 companies and more than 3,000 professionals throughout the U.S. and internationally. For additional information, visit www.cbcworldwide.com

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